For SaleOpenRealtor property overview
$1,025,000
$155/sqft29 2nd St
Albany, NY, 12210
More in Albany, NY19bd
12ba
6,600sqft
Listing Notes
This is the perfect investment opportunity in the heart of Albany! This 3-story brownstone features 19 rental units with a mixture of apartments and room rentals. Combined with a small parking lot and 3 car garage (27 2nd St), this building is being offered at an attractive 11% cap rate. If you are looking for a true cash flow machine, this is the perfect fit!
Price in context
Cheaper than 6% of the 18 homes listed nearby right now, which run $589,000 to $1,210,000.
See all 18 nearby listings
| Address | Asking | Size |
|---|---|---|
| 142 Chestnut St | $589,000 | 5 bd · 4 ba |
| 140 Chestnut St | $594,000 | 5 bd · 3 ba |
| 55 Ten Broeck St | $599,000 | 8 bd · 6 ba |
| 204 Lancaster St | $599,000 | 2 bd · 5 ba |
| 79 Ten Broeck St | $599,900 | 6 bd · 4 ba |
| 464-466 Washington Ave | $599,990 | 11 bd · 6 ba |
| 149 Lancaster St | $600,000 | 3 bd · 4 ba |
| 57 Dove St | $611,000 | 3 bd · 3 ba |
| 209 Lancaster St | $649,000 | 4 bd · 4 ba |
| 490 Madison Ave | $649,000 | 4 bd · 4 ba |
| 197 Lark St | $649,900 | 5 bd · 5 ba |
| 223 Lancaster St | $665,000 | 5 bd · 4 ba |
| 552 Madison Ave | $700,000 | 8 bd · 5 ba |
| 2 Spring St | $725,000 | 3 bd · 4 ba |
| 29 Dove St | $739,900 | 6 bd · 4 ba |
| 81 Ten Broeck St | $774,900 | 8 bd · 8 ba |
| 201 Jay St | $850,000 | 10 bd · 7 ba |
| 7-11 Forbes Ave | $1,210,000 | 7 bd · 7 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more